Friday, November 6, 2015

Asian Pay Television Trust declares DPU of 2 cents for 3Q

Asian Pay Television Trust (APTT) announced a distribution per unit of two cents for 3Q ended September.

Revenue increased 1.3% to $81.6 million due to higher revenue across each of TBC’s service offerings.

Basic cable TV revenue was flat at $64.7 million while premium digital cable TV revenue was up 10.2%.

Broadband revenue was up 5.9% at $13 million.

APTT says distributions for 2015 are expected to be at least 8.25 cents per unit for the year ending Dec 31, 2015.

Units in APTT closed 0.62% lower at 80 cents on Thursday.

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